Darren Bloom,the sales manager for John Fountain Products,a small family business,is eager to get the company on an export path.The CEO of the company is not convinced,however.Which of the following is an advantage of exporting that Bloom should use to convince the CEO?
A)It helps in easy currency conversion.
B)It provides large revenue and profit opportunities.
C)It reduces the administrative costs incurred by a company.
D)It helps companies increase their unit costs.
E)It reduces paperwork and complex formalities.

Question

Quizplus · Accepted Answer

Exporting provides access to larger markets, which can lead to increased revenue and profit opportunities for a company. This can help the company to grow and expand its operations, which can be beneficial in the long run. Therefore, Bloom should use this advantage to convince the CEO of John Fountain Products to consider exporting.

Darren Bloom,the Sales Manager for John Fountain Products,a Small Family